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    2043 Southern Rd Norwich, OH 43767

    • Commercial real estate
    For Sale
    View listing
    $70,000
    Value Estimation
    Location Intelligence
    Property ID
    US66-3469933
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2043 Southern Rd

    Property type
    Commercial real estate

    Description

    This exceptional 7-acre property, located at 2043 Southern Road in Norwich, Ohio, presents a unique opportunity for development or personal enjoyment. Boasting a generous 309,711.6 square feet of land, this parcel offers a blend of wooded areas and open space, perfect for those seeking a tranquil retreat or a site for new construction. The property is conveniently situated between Zanesville and Cambridge, offering easy access to local amenities and transportation routes. Existing infrastructure includes readily available electricity and a usable driveway, simplifying the development process. The partially wooded landscape provides ample space for recreational activities such as hiking or hunting, while the expansive acreage allows for a variety of building possibilities. The asking price for this remarkable property is $70,000. With its combination of accessibility, natural beauty, and development potential, this land presents an attractive investment opportunity. The property's zip code is 43767, and it is located in Muskingum County. This is a rare chance to acquire a substantial piece of land in a desirable Ohio location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norwich
    County
    Muskingum
    State
    Ohio
    Longitude
    -81.7897555
    Latitude
    39.9450893

    Comparable in this City

    • $1,750,000
      9,229 SF

      High-Visibility I-70 Commercial Property

      Prime location, high traffic, mixed-use potential.
      8540 East Pike, Norwich, OH 43767
      View Details
    • $1,750,000
      9,229 SF

      Prime Norwich Commercial Property

      High-traffic I-70/US 40 location, 9,229 SF
      8540 East Pike, Norwich, OH 43767
      View Details

    Similar Nearby for Sale

    • $1,750,000
      9,229 SF

      High-Visibility I-70 Commercial Property

      Prime location, high traffic, mixed-use potential.
      8540 East Pike, Norwich, OH 43767
      View Details
    • $1,750,000
      9,229 SF

      Prime Norwich Commercial Property

      High-traffic I-70/US 40 location, 9,229 SF
      8540 East Pike, Norwich, OH 43767
      View Details
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    2043 Southern Rd
    Norwich, OH 43767
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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